Rate update for Home Purchase Plans and Buy-To-Let products
We’ve increased rental rates across our Home Purchase Plan (HPP) and Buy-to-Let (BTL) products with effect from today. The rate change applies to products for both new and existing customers.
The following new rates apply:
Home Purchase Plans:
- UK resident HPP: fixed rental rates starting at 6.05%
- Expat HPP: 2-year fixed rental rates starting at 6.54%
- International Resident HPP: 2-year fixed rental rates starting at 6.74%
Buy-to-Let:
- UK resident BTL: fixed rental rates starting at 3.84%
- Expat BTL: 2-year fixed rental rates starting at 5.20%
- International Resident BTL: 2-year fixed rental rates starting at 5.21%
View our full product range here.
***Don’t forget – UK payment account now available for your customers***
Your customers can also apply for a UK payment account with Algbra as part of their Buy-to-Let application - all in one place, with no extra steps.
Need a refresher?
We've got guides to help:
Intermediary information guide - includes a step-by-step guide and key details
Customer information guide - ready to share with your customers.
As always, if you have any questions or need any additional information, your Gatehouse Bank Business Development Manager is here to help .
Thanks for your continued support. We hope these changes make a real difference to your customers.